Patriot Bonds.

• Author: Laffie, Lesli S.
• Position: New series of EE Savings Bonds

According to Treasury News Release PO-854, a new series of EE Savings Bonds have been designated as "Patriot Bonds" after the Sept. 11,2001 terrorist attacks.

The funds raised by the bonds will contribute to the Federal government's overall effort to fight global terrorism. Series EE savings bonds sold through financial institutions will be specially inscribed with the legend "Patriot Bond." The legend will also appear on Series EE bonds available at the Bureau of the Public Debt's Savings Bond Direct Website, www.publicdebt.treas.gov.

Series EE savings bonds earn 90% of five-year Treasury securities yields. The rate in effect through April 2002 is 4.07%. The bonds sell at half...